Saudi Arabian family firm Dabbagh Group is in the advanced stages of buying out its Indian partner's stake in a lubricant venture in the kingdom, a deal prompted by strategy differences between the partners, three sources aware of the matter
India's Hinduja Group flagship Ashok Leyland on Thursday will inaugurate a vehicle assembly plant in Ras al Khaimah Investment Authority (Rakia).
The plant will be inaugurated by Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah
India's Hinduja Group plans to launch the initial public offering in Saudi Arabia, of its subsidiary Petromin, to raise $800 million to $1 billion this year, a group official said on Wednesday.
Lubricants maker Petromin is an equal joi